2024 HKD to ARS Historical Review

YEARLY HIGH

132.8007 ARS

YEARLY LOW

103.6555 ARS

YEARLY AVERAGE

117.2884 ARS

2024 HKD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 132.8007. Conversely, the yearly low was recorded on January 7, dropping to 103.6555.

This high-to-low spread represents a total annual volatility of 29.1452 ARS. From a start-to-finish perspective, comparing the January average rate of 104.6097 to the December average rate of 131.1956, the exchange rate registered a net change of 25.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 132.8007 was up 27.90% compared to the 2023 peak of 103.8306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 3,320,017 ARS

2023 Average 945,993 ARS

Yearly Trough Low 2,591,388 ARS

Transaction Impact: A difference of 728,628.80 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

133.8542

101.9511

JanuMarcMayJulySeptNove

HKD to ARS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 109.9719, compared to 124.6049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6330 points.

H1 Avg (Jan–Jun) 109.9719

H2 Avg (Jul–Dec) 124.6049

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.6135 ARS (High: 122.0335 / Low: 118.4200). On the other end, February was the most stable month, with a tight range of 1.9161 ARS (High: 107.5979 / Low: 105.6817).

August Spread (Volatile) ±3.6135

February Spread (Stable) ±1.9161

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 131.1956) against the same month in 2023 (average: 80.9246), the exchange rate shifted by +50.2710 (+62.12%).

2024 Avg (December) 131.1956

2023 Avg (December) 80.9246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	105.7109	103.6555	104.6097
February	107.5979	105.6817	106.6429
March	109.6340	107.5444	108.7149
April	112.1089	109.5361	110.8160
May	114.4468	111.5680	113.3605
June	116.6657	114.3550	115.6875
July	119.3250	116.9180	118.0562
August	122.0335	118.4200	120.6398
September	124.6026	122.1979	123.2546
October	127.3858	124.7756	126.0404
November	129.8354	126.8322	128.4427
December	132.8007	129.9534	131.1956